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Exclusive: Two-thirds of lifetime mortgage brokers charge more than £1,000 in fees mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
Advisers urged to take action ahead of consumer duty deadline ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.
The Equity Release Council has warned advisers they will need to review older lifetime mortgage cases, as these will shortly fall under the new Consumer Duty rules. From July 31 the Financial Conduct Authority’s Consumer Duty rules will include previously sold products and ‘closed’ books of business as well as new ....
ERC urges advisers to take 'proactive approach' for closed book Consumer Duty deadline mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
Equity Release Council members will need to discuss income and spending with borrowers as part of the advice process under new consumer protections that come into force next month. The changes are part of the first set of updates to the Council’s standards which are designed to better safeguard borrowers. Further ....